engleski

MANAGING ORGANIZATION OF KARTEL PETROLEUM EXPORTING COUNTRIES

This paper analyzes the activities of the oil exporting organization. At the beginning of the paper, the aim of the research is to determine the reason for setting up the organization, its organizational structure and the organization's aim to show how the organization contributes to the positioning of members on the international oil market. In accordance with the set objective and the subject of the research, the paper found that the reason for the establishment of OPEC was initially limited to oil products due to geographical and natural characteristics, and the second reason was the possibility of oil exploration as good of a state. The oil market as such a market simply does not suffer a great deal of competitiveness. But the economy and society are subjects to change, so market domination and global relations are changing. The global focus is increasingly on climate change. Although, according to all analyzes, the OPEC cartel does not have any need for offline integration, new trends in the economic and technological processes would in the future make the merger a new challenge for OPEC, whereby renewable and non-renewable energy sources could be connected.

international market, oil, OPEC

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